Lakestate Industries
Escanaba, Michigan
Financial Health Score
9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.
Very Good
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
11 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $2,933,679↑7% | $2,767,929 | $2,160,700↑9% | |
| 2022 | $2,752,479↓5% | $2,755,543↑5% | $1,976,237↓16% | — |
| 2021 | $2,888,223↑10% | $2,623,197↑19% | $2,357,112↑7% | — |
| 2020 | $2,633,712 | $2,198,426↓1% | $2,198,691↑30% | — |
| 2019 | $2,643,311↑11% | $2,221,789↓8% | $1,695,057↑38% | — |
| 2018 | $2,387,181↓4% | $2,426,686 | $1,228,211↓2% | — |
| 2017 | $2,493,549↑6% | $2,428,862↑8% | $1,247,974↑6% | — |
| 2016 | $2,345,268↑3% | $2,239,518↑1% | $1,174,978↑70% | — |
| 2013 | $2,272,554↑3% | $2,207,946↑6% | $692,038↑11% | — |
| 2012 | $2,205,568↑8% | $2,073,501↑4% | $626,023↑16% | — |
| 2011 | $2,051,056 | $2,002,470 | $540,890 | — |
Frequently Asked Questions
What does Lakestate Industries do?▼
Lakestate Industries is a employment nonprofit organization based in Michigan. It is classified under NTEE code J30Z and is registered as a 501(c) tax-exempt organization with the IRS.
Is Lakestate Industries financially healthy?▼
Based on our 9-metric Financial Health Score model, Lakestate Industries has a score of 75/100 (Grade: A-). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.
How much revenue does Lakestate Industries generate?▼
Lakestate Industries reports $3.7M in annual revenue and holds $2.7M in total assets, based on IRS filings.
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